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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: ECM 07-64 Project ID.: Elk Creek Mine Exploration <br />Lease Number: COC-61357 (State or Federal) Surface Owner: BLM <br />Date Commenced: 26-Sep-07 Date Completed: 27-Sep-07 <br />Contractor: Himes Drilling Rig Type: Portadrill TKT Rig 8 <br />Geologist: Doug Allen Date : 15-Jan-08 Toolpusher: <br />Driller: Kevin Himes Truck Driver: Aaron B. Helper: Mike Himes <br />Coordinates: N. 6088.14 E. 29174.71 <br />Location: Township, Range & Section: S.1/2 Sec. 12, T.13S., R.91W. <br />Ground Elevation: 7523' Collar Elevation: <br />Geophysical Log Measured From: Ground Elevation <br />Total Depth: 1020' Probe Depth: 999' Fluid Level: NA <br />Casing Type: steel, T&C Size: 6 5/8" <br />Casing Type: Size: <br />Depth: 19.5' Recovered (Y or N): Y <br />Depth: Recovered (Y or N): <br />Bit Information <br />Surface Casing 8 3/4" Tricone to 19.5' <br />Main Hole 5 7/8" PDC to 958.5' <br />Core: 4 7/8" bit, 3" core to 988' <br />Bottom Hole 4 3/4" PDC to 1020' <br />Footage Plugged: 990.5' Cored: 29.5' <br />Drilling Medium: Air: Foam (Water: Mud: Foam Injection: <br />Depths: 0-60' 60-1020' <br />Lost Circulation Depths: 20-700' Regained ? (Y or N): Y <br />Water Invasion Depth or Intervals: Estimated Inflow Rates: <br />Gas Invasion Depth or Interval: <br />Geophysical Logging Contractor: Jet West Geophysical LLC <br />Logs Run: Gamma: Neutron: <br />Temperature: X Density: <br />Resistivity: Caliper: <br />Other (SP, Foc. Elec., Drift, Dep., Sonic). Temp: 170E seam <br />Hole Cemented (Y or N ), Type: Y No. of Bags: 30 bags plug gel; 2 cement <br />Interval: 1020-10';10-0' <br />Coal Core Sent To: SGS <br />Rock Sent To: NA <br />Comments: Hole temperature (170F) too high to run density probe. Cored lower 8' of D2 seam. <br />Himes Drilling Colorado water well license #1285